Workflow orchestration market to be worth more than $50 billion

The workflow orchestration market is projected to grow from US$13.81 Billion in 2017 to US$50.82 Billion by 2022, at a CAGR of 29.8% during the forecast period.

The adoption of workflow orchestration by organizations to improve operational efficiency, productivity levels, and business outcomes is one of the most significant factors projected to drive the growth of the workflow orchestration market.

The digital transformation of organizations and the need to streamline business processes will offer lucrative growth opportunities to workflow orchestration providers in the near future.

The workflow orchestration market has been segmented on the basis of type, organization size, vertical, and region.

Based on the type, the workflow orchestration market has been segmented into cloud orchestration, data center orchestration, network management, business process orchestration, and security orchestration.

The business process orchestration segment of the workflow orchestration market is expected to grow at the highest CAGR during the forecast period.